$ETH USDT BEARISH REVERSAL FROM SUPPLY ZONE – SHORT OPPORTUNITY ACTIVE!
After a strong upward move, ETH/USDT has tapped into a key supply zone near $1,822 and is now showing rejection signs on the 30-minute chart. Price failed to break above resistance and formed a lower high, indicating bearish pressure is entering the market. This setup favors a short position as momentum shifts.
Trade Setup:
• Entry Zone: $1,793 – $1,800
• Take Profit (TP): $1,713
• Stop Loss (SL): $1,822
Market Outlook:
ETH is currently respecting the overhead supply and reacting with bearish candles. A rejection from this resistance area signals a possible short-term pullback. Watch for confirmation with lower time frame breakdowns and reduced bullish volume.